Leading Online Business & Finance Course

Be able to identify and set up the correct company type easily and smoothly. There is often a temptation to take the limited company route, but this does not suit everyone and furthermore can create extra burdens on you with the numerous legal responsibilities that you may not be aware of and that’s why it’s really important to consult an accountant if you are thinking of setting up a business of any kind. 

Be empowered to understand the figures that your accountant puts in front of you, introduce you to the concepts and purpose of management accounts, each of the associated financial statements, their meaning and how you can use them to report on company performance, make business decisions and understand the profit or loss you are making

Learn how management accounts can provide insight into your business and drive decision making for you, as well as other within your business who help manage it. Understand how they differ from statutory accounts.

Be able to understand the financial and legal obligations of owning and running a business as a Sole Trader. We’ll introduce you to the structure of the business year from a legal, finance and tax perspective. As a business owner and/ or administrator, you are responsible for meeting external government deadlines.

Learn everything you need to know about what the VAT business year entails. The ins and outs of how it works and how to avoid fines and penalties. 

Understand how the various tax returns and self assessments work, including navigating the government gateway, companies house and any other important forms you’re legally responsible for.